A good investment as you as the new owner, will take over the current tenant.
Or you can move in and stay, without worries of any maintenance to be done.
The current rental income is R 5500.00 which will cover more than a full Bond, of approximately R 4200.00, meaning you only need to pay a small amount of about R 300 .00 to cover both your monthly Bond, levies and rates& taxes. The rest is covered by your tenant’s monthly rent.
Fair View Village is well maintained with a positive balance sheet, meaning levies is up to date.
This is a positive criteria, as the Banks will request the financial statements of the complex.
Security is run from your phone.
Access from Fair View to the N4 Highway is quick. You will also have quick access to Rosslyn, Onderstepoort and Medunsa.
If you are an active person, you will have access to about 4 Gyms, within 10 minutes’ drive.
Schools are ample, may your need be Secondary or Primary Schools.